Regulator Seeks to Spur Restructuring of Student Loans

By

Alan Zibel

May 8, 2013 5:41 p.m. ET

WASHINGTON—A federal regulator, concerned about the growing number of college graduates unable to repay their student debt, outlined a set of options to reduce their burdens by refinancing or restructuring their loans.

The Consumer Financial Protection Bureau's options, released in a report, aren't binding on the student loan industry. But they are an effort by the new regulator to prod student lenders, other regulators and...